The ranking of the most suitable countries and regions for cryptocurrency business worldwide in 2024 has been released, with Dubai ranked first

The 2024 ranking of the world's most suitable countries and regions for cryptocurrency business has been released. The top ten are: Dubai, Switzerland, South Korea, Singapore, United States, Estonia, Italy, Russia, Germany and Brazil. Reportedly, Dubai scored highest in terms of regulatory clarity, no capital gains tax and favorable corporate tax (9%), as well as affordable licensing fees making it the number one destination for cryptocurrency businesses. (Socialcapitalmarkets)